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WPI inflation eases to 3.58% in December

Updated: Jan 15, 2018 10:20:52am
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WPI inflation eases to 3.58% in December

New Delhi, Jan 15 (KNN) India's wholesale price inflation eased to 3.58% in December, 2017, after it had rose to 3.93% in November.

Last year during same period in December it had risen to 2.1%.

The fall in inflation has been led by a softer rise in food inflation, official data showed on Monday.

As per the data released today, inflation in food articles slowed to 4.72% in December from 6.06% in November.

Last week, the retail inflation for the month of December had come at a 17-month high of 5.21 per cent, up from 4.88 per cent in the previous month.

"The rate of inflation based on WPI Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group decreased from 4.1% in November to 2.91% in December," the commerce and industry ministry said in a statement.

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